#EthenaLabs via X

Update on #sUSDe Payment:

The team has taken onboard the understandable feedback from the community to correct for it immediately as well as detailing our rational

The full #protocol APY attributable to the assets backing USDe in the sUSDe staking contract has been sent.

Pendle announced that the Ethena sUSDe pool has been capped at 100 million in response to user demand to allow for more capital inflows.

The sUSDe pool is set to expire on July 25, offering 20 times Sats plus USDe staking income daily. sUSDe is Ethena's staking version of synthetic USDe, with the initial cap on minting volume set at 50 million.

#PendleFinance #pendleupdate #pendle #PendlePower #sUSDe